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March 1, 2021
Parsons Awarded $2 Billion Ceiling Air Force Base Modernization Contract News provided by Share this article Share this article CENTREVILLE, Va., March 1, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was awarded an indefinite-delivery, indefinite-quantity (IDIQ) multiple award task order contract by the U.S. Air Force Civil Engineer Center (AFCEC) for architecture engineering capabilities, including design, construction management, and the restoration and modernization of Air Force Bas...
February 24, 2021
Parsons Reports Fourth Quarter and Full Year 2020 Results Q4 2020 Highlights - Revenue of $964 million, includes $45 million of adverse impact from COVID-19 - Net income of $22 million and margin of 2.2%; adjusted EBITDA of $90 million and margin of 9.4% - Cash flow from operating activities of $176 million - Book-to-bill ratio of 1.1x for Q4 2020 and on a trailing 12-month basis - Closed Braxton acquisition; accelerates growth and expands margins in high-priority space market - Recognized by F...
February 23, 2021
Share this article Share this article CENTREVILLE, Va., Feb. 22, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) has won a seven-year contract with the U.S. Postal Services (USPS) Nationwide Program Management Services (PMS) worth a total potential value of $600 million. The deal is the companys third consecutive with the USPS. The seven-year timeframe assumes all option periods are exercised. "We look forward to continuing our 17-year relationship with the USPS and helping them deliver...
February 22, 2021
/PRNewswire/ -- Parsons Corporation (NYSE: PSN) has been awarded a task order by the National Geospatial-Intelligence Agency (NGA) on the MOJAVE Functional...
February 9, 2021
Share this article Share this article CENTREVILLE, Va., Feb. 9, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was awarded a five-year $69 million contract by the U.S. Army Combat Capabilities Development Command (DEVCOM) Army Research Laboratory (ARL) to develop exploratory, disruptive technology that will provide United States warfighters with the technological edge as part of the Armys future vision. "Our mission is to enhance the Armys C5ISR capabilities with research, development, ...
February 8, 2021
/PRNewswire/ -- The Department of Homeland Security (DHS) awarded Parsons Corporation (NYSE: PSN) a multi-award COVID-19 testing...
February 4, 2021
Parsons to Present at the Cowen 42nd Annual Aerospace/Defense & Industrials Conference News provided by Share this article Share this article CENTREVILLE, Va., Feb. 4, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) will present at the Cowen 42 nd Annual Aerospace/Defense & Industrials Conference. Chuck Harrington, Chairman and CEO, and George Ball, CFO, will participate in a fireside chat question and answer session on Tuesday, February 9, 2021, at approximately 12:40 p.m. Eastern Time...
January 28, 2021
Parsons Included in Human Rights Campaign Corporate Equality Index News provided by Share this article Share this article CENTREVILLE, Va., Jan. 28, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) was recognized by the Human Rights Campaign Foundations 2021 Corporate Equality Index (CEI) today for active support and inclusion of the lesbian, gay, bisexual, transgender, questioning (LGBTQ+) community. The CEI is the nations foremost benchmarking survey and reports on corporate policies and...
January 27, 2021
Parsons and AFCEA Connect Global Militaries and Cyber Warriors News provided by Share this article Share this article CENTREVILLE, Va., Jan. 27, 2021 /PRNewswire/ -- Parsons Corporation (NYSE: PSN) is proud to host the second AFCEA TECHNET International Capture the Flag (CTF) from the Georgia Cyber Center (GCC) on January 28, 2021. This international exercise is designed to improve allied nations partnership, share full-spectrum cyber best practices, and strengthen training and coordination. T...
January 26, 2021
Parsons Newly Acquired Braxton Technologies Awarded Tibbetts Innovation Excellence News provided by Share this article Share this article COLORADO SPRINGS, Colo., Jan. 26, 2021 /PRNewswire/ -- Parsons Corporations (NYSE: PSN) newly acquired Braxton Technologies, LLC, has been awarded the prestigious Tibbitts Award, which recognizes excellence in Small Business Innovation and Research (SBIR) and Small Business Technology Transfer (STTR) efforts. Braxton leader Ed Baron was also recognized with ...